Market Report: Christmas quietude

Again, precious metals are reflecting a strong dollar, rather than anything fundamentally wrong with gold and silver. The last two months have seen a strong dollar revaluation upwards against all currencies. Gold fell $7 from last Friday’s close, to $1131 in early European trade this morning, and silver by 17 cents over the same time frame to $15.82.

Author(s):

Alasdair Macleod

Gold and silver drifted slightly lower over the week in quiet pre-Christmas trade.

Again, precious metals are reflecting a strong dollar, rather than anything fundamentally wrong with gold and silver.

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I could be considered a bleeding heart libertarian... why? Because I'm also an idealist. I'm for sound money and smaller government.

I write about precious metals markets on my blog. Please check it out and comment. The best way to learn is to engage with others who are passionate about protecting wealth during these treacherous times!

When I'm not engaging with others online about politics, I enjoy camping and spending time with my family.